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Property profile & analytics
OFF-MARKET
Estimated value
$11,235,000
Hotels
8669 Sahara Ave Las Vegas, NV 89117-5860
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US62-1235043
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1997
Construction
FRAME
Total area
30,428 SF
Lot
1.72 ac (74,923 SF)
APN
163-08-510-010
UPID
US62-1235043
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sahara Hospitality Llc Hotel & Motel
-
Best Western Plus Las Vegas West Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.54M
Blend (final)
Blend
$11.24M
Owner & transaction history
Malbco Holdings LLC · 3 yrs held
Malbco Holdings LLC
since 2022
Last sale
$11.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.9M
+108.3%
Neighborhood: shopping center
$13.2M
+62.8%
Retail stores
$11.4M
+40.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$10,940,000
ML approach
$9,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$8,115,000
Current use
AUTO REPAIR, GARAGE
$16,900,000
Change: +108% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,210,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$11,375,000
Change: +40% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,010,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$11.24M
Range $10.11M – $12.36M · ±10% · vs last sale $11.23M (Oct 20 2022)
Last sale anchor
$11.23M
Oct 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$369 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$61,801
Tax year 2023
Assessed value
$2,140,279
Assessed 2024
Previous assessed
$1,938,749
+10.4% YoY
Effective rate
2.89%
On assessed value
Assessed land
$419,569
Assessed improvement
$1,720,710
Land market value
$1,198,769
Improvement market value
$4,916,314
Total market value
$6,115,083
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
NONE
Buildings
2
Stories
3
Units
87
Total area
30,428 SF
Lot
1.72 ac (74,923 SF)
APN
163-08-510-010
UPID
US62-1235043
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$16.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.2M
RETAIL STORES
Est. value
$11.4M
INDUSTRIAL (GENERAL)
Est. value
$9.0M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
NONE
Stories
3
Buildings
2
Units
87
Lot
1.72 ac
Current owner
From public records · entity-resolved
Malbco Holdings LLC
Entity
Mailing address
16114 E INDIANA AVE STE #200, SPOKANE VALLEY, WA 99216-1874
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2025
—
Malbco Holdings LLC
—
Deed
related
$2,500,000 · Mountain West Bank
Dec 15, 2022
—
Malbco Holdings LLC
—
Deed
related
$2,616,091 · Mountain West Bank
Oct 20, 2022
$11,233,850
Malbco Holdings LLC
Redrock Inn Vestments LLC
Bargain And Sale Deed
—
Jan 25, 2019
$9,912,618
Redrock Innvestments LLC
Sahara Lodging LLC
Bargain And Sale Deed
$6,250,000 · America First FCU
Jan 31, 2013
$3,170,000
Sahara Lodging LLC
Sahara Hospitality LLC
Bargain And Sale Deed
$1,435,000 · Us Bank NA
Aug 31, 2004
$3,870,000
Sahara Hospitality LLC
Lakes Inn-vestments LLC
Grant Deed
related
$2,800,000 · Zions First National Bank
Dec 29, 1995
$600,000
Lakes Inn-vestments LLC
Sahara-durango LP
Grant Deed
related
$1,750,000 · Primerit Bank
—
—
Alpine Universal INC
—
Deed Of Trust
related
$1,700,000 · Union Bank Of California
—
—
Sahara Hospitality LLC
—
Deed Of Trust
related
$4,970,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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